The Lubricants Additives Business of Lanxess AG (Cologne, Germany) is expanding its production capacity for light-color sulfur carriers at its Mannheim site by several thousand tons. The specialty chemicals company is investing a double-digit million amount to expand the facilities…
KBR, Inc. (Houston) announced that it has been awarded a technology licensing contract by Hyundai Engineering Co. (Seoul, South Korea) and Técnicas Reunidas S.A. (TR; Madrid, Spain) for PKN ORLEN's Petrochemical Development Program in Plock, Poland. Under the terms of…
McDermott International, Ltd (Houston) announced a contract award for the engineering, procurement, construction and commissioning (EPCC) of a new naptha hydrotreating unit and a new isomerization unit with associated facilities for the Barauni Refinery Expansion Project in Bihar, India, for…
Maire Tecnimont S.p.A. (Milan, Italy) announced that its subsidiaries Tecnimont Planung & Industrieanlagenbau GmbH and MT Russia LLC have been awarded by Kazanorgsintez PJSC (KOS) an EP contract (Engineering and Procurement) for the execution of a Low-Density Polyethylene (LDPE)/ Ethylene-Vinyl…
Wood plc (Aberdeen, Scotland) has launched a significant digitally-forward project with Röhm, a leading methacrylate manufacturer, where project work will be fully integrated with state-of-the-art technology solutions provided by AVEVA, a global leader in industrial software. Wood will deliver engineering,…
FLSmidth (Copenhagen, Denmark) and thyssenkrupp Industrial Solutions AG (Essen, Germany), a fully owned subsidiary of thyssenkrupp AG, have reached an agreement that FLSmidth will acquire thyssenkrupp’s Mining business1 (TK Mining) for a total consideration (enterprise value) of €325 million, corresponding…
BASF SE (Ludwigshafen, Germany) and SINOPEC (Beijing, China) will further expand their Verbund site operated by BASF-YPC Co., Ltd. (BASF-YPC), a 50-50 joint venture (JV) of both companies in Nanjing, China. It includes the capacity expansion of several downstream chemical…
Nouryon (Amsterdam, the Netherlands) has signed a five-year license agreement with Shaanxi Beiyuan Chemical Group Co., Ltd. (Beiyuan), a leading producer of polyvinyl chloride (PVC) in China. Under the agreement, Nouryon will license its innovative Continuous Initiator Dosing (CiD) technology…
LG Chem Ltd. (Seoul, South Korea) will expand its business portfolio by acquiring the separation membrane business of LG Electronics to become the world’s largest general battery materials company. LG Chem announced that it held a board of directors meeting…
HollyFrontier Corp. (Dallas, Tex.) and Holly Energy Partners, L.P. announced that they have entered into definitive agreements under which HollyFrontier and HEP will acquire Sinclair Oil Corp. and Sinclair Transportation Company from The Sinclair Companies. Under the terms of HollyFrontier’s…